Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
← back
Informative
Fintech startup Finsall raises Rs 15 crore
Update / Judgement Date
11 Jun 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Start-Up & DPIIT
Fintech startup Finsall secured Rs 15 crore in a bridge round led by Unicorn India Ventures and Seafund, with other institutional investors participating. The funding will be utilized to establish an NBFC for scaling lending operations and enhancing value in insurance premium financing. Strategic partnerships with insurers, intermediaries, and lenders will also be developed. \r
Additionally, funds will support service expansion and distribution channel enhancement. CEO Tim Mathews highlighted the focus on scaling operations and creating a strong presence in the insurance premium financing sector. \r
Meanwhile, Skye Air closed its Series A round with around USD 4 million, led by Mount Judi Ventures, for expanding its last-mile network. Star Air announced new flights from Nanded to Nagpur and Pune, aiming to boost regional connectivity.
